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December 20, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Akron, Business Loans > Firstmerit Bank Akron Business Loans > Convenience Stores Loan | ||||
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Akron Lenders
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Akron, Ohio Lender Lends Money to Convenience Stores CompanyWant to talk with an Akron, Ohio bank about a small business loan? Here's one Ohio business loan, issued by an Akron bank, that was approved by the SBA. Applying for an SBA loan with Firstmerit Bank worked out well for our friends at one local firm in Painesville, Ohio. They got an SBA loan for $276,200. Nice! SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender FIRSTMERIT BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 5/22/2006 Loan Approval Gross Amount $276,200 Loan Approval from the SBA Of the total $276,200 loan amount, the SBA guaranteed $207,150. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had no employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs. Next Steps for Getting an SBA Loan If you are raising money in Painesville OH, you ought to talk with a local Painesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Painesville businesses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA Participating Banks in Akron, Ohio
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